Contracting Excellence Journal

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We all know the outbreak of COVID-19 or Coronavirus has been worldwide disaster that started in late 2019 in Wuhan, China.  It took a horrifying turn by March 2020 when the World Health Organisation (WHO)1 declared COVID-19 as a worldwide ‘pandemic’.

Coronavirus contractmanagement Covid-19 forcemajeure

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Research shows that without digital technologies, our ability to handle contracting processes has been diminishing in recent years.  Today, many CM experts see contracts as the primary cause of disputes, but the growing complexity of the contracting process creates a larger problem with information management in general.  So, how can digital technology help us untangle this dilemma?

digital contractmanagement CLM

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We all know risk is associated with every contract. And, if you as a prime supplier novate a customer’s third-party contract(s), you increase risk to a great extent. Simply put, novation involves transferring one party’s rights and obligations under a contract to another party.

contracts contractmanagement Suppliers ITcontracts

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It seems that collaboration is everywhere nowadays.  Whether it is Ed Sheeran and Justin Bieber1 producing a number one single, or designer Tommy Hilfiger2 delivering exclusive clothing lines to Apple; or Formula 1 driver Lewis Hamilton3 putting CarPlay into cars.  But are they all as successful?

contracting excellence collaboration Collaborative contractmanagement

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